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I appreciate your insights. Most, if not all, of these otcs are definitely not "investments.". A lot of these names in the otc have been beaten down pretty well over the last year. it's all about knowing your runners. I trade on technicals. What brought dbmm onto my radar is it appears to be the beginning of an MMBM. The 20 ema is beginning to curl and price just peeked over the 50 ema. You'll also notice recent pa indicates a reversal out of the downtrend.This one has a history of pretty decent runs and r/r at these levels is worth it for me. Best of luck.
Just because I didn't want a partial fill on my order, that makes me a newb? get the fuck out....
I definitely smell blood here though, and your engagements here tonight just clarified some things.
Thanks!
Not a problem, glad to share. And, I 100% agree with you. Your post is spot on, particularly with regard to the recent approval of the Bitcoin ETFs and the slow but steady progress that crypto and blockchain related currencies and industries are gaining mainstream acceptance. I think, as a custodian, and with the upfront money he has spent, most of us will be pleasantly surprised with the outcome. I've flipped this several times, but I've held onto a core of my position for awhile now and have been adding to it for the past several months now. I wish you and all investors here the best of luck. It will indeed be very interesting!
wnft would be the perfect fit for Propy. Until Sharp confirms anything it's merely speculation, but intriguing nonetheless. The $pro token currently sits around 0.49 / token. Acquiring wnft would allow a greater influx of traditional stock market investors, without the hassles of going through the SPAC process. With the strong backing of Silicon Valley leaders and the National Association of Realtors, it's pretty obvious to me that a decentralized and far more secure platform would streamline the international real estate infrastructure. You can read more here if interested.
https://capital.com/propy-pro-price-prediction
Noone knows where the share price will end up. But those of us who were trading this stock prior to the Calasse fiasco have seen how thin she trades. Sharp has spent alot of money cleaning this shell up and getting it ready for a merger. He is still spending money on legal and maintenance fees. I seriously doubt he'd go through all of this time and trouble for a .05 cent per share return. Time will certainly tell though.
I wholeheartedly agree Don. I remember the build up when this was Goff and the run from about a dime when it came off expert market to it's high around. 75 before the forward split. As for "pumping", this stock doesn't need it. I, for one, think it's a sound investment. With this share structure, and Sharp's other mergers playing out, I see the share price going well above where it is now. Best of luck to you.
I agree. I still think it's a great opportunity to buy shares at these prices. I have been and will continue doing so.
What's funny is to think that a SEC filer with audited financials would have any problem getting a 15c through. I was merely speculating on what might have delayed this. Only Sharp knows. Anything else...including your assumption about Calasse...is also speculation. All in due time.
$wnft is an SEC filer with audited financials. The 15c will get filed once the Calasse issue is resolved. At this price the r/r is well worth it for me.
I've been quietly loading at these levels for some time. Share structure remains unchanged.
$wnft outstanding share structure and lagging behind GS's other plays due to court delays. Great area to load and hold pic.twitter.com/j6BjNdAkB5
— Pogwoll (@pogwoll) December 29, 2023
same to you. i'm still holding my full position. I had no intention of selling today anyway. watching time and sales today it became obvious to me early on that sellers outweighed buyers. there were some strange sells today as well, with several small lots sold below the bid. anyway, until more brokers allow buying or there is another catalyst we'll likely trade in a range these next few days. not worried at all.
Pretty remarkable $gvsi is garnering this much attention, especially for a stock that's been sitting on the expert market for a year and a half.
I missed this one. The possibilities of blockchain are truly endless.
Indeed it is.
Thanks. Will do!
Thanks PB. I'm thinking the same thing. As of late it appears he has his foot on the gas with no signs of letting up.
I actually addressed this very topic in a thread on twitter earlier this month. I linked an article from Forbes that details how several large companies have integrated blockchain technologies to enhance and streamline their daily operations. The possibilities are truly endless. Anyway, link below if you're interested.
$gvsi A Thread. 🧵
— Pogwoll (@pogwoll) January 2, 2023
Blockchain technology and it's applications are utilized well beyond the crypto industry. In fact, there are many large companies using blockchain technology in a variety of ways which may come as a surprise to many who think blockchain's primary utilization pic.twitter.com/cwLglJIWMY
Well said. Terrific post.
Great post Hokie.
Thanks Hokie.
Thank you. I'm excited about the next few weeks and with the progress we've seen from Sharp and his team as of late, it appears things may develop at a fairly quick pace moving forward.
Thank you. Things are about to get spicy.
Oh, I'm fully aware of the difference between short sale volume and short interest.
Short interest is the total number of shares of a particular stock that have been sold short by investors but have not yet been covered or closed out. This can be expressed as a number or as a percentage.
https://www.investopedia.com/articles/01/082201.asp
Anyone that thinks these nanocap and microcap stocks haven't been shorted to some degree at some point (often times these short sales happen before these stocks get below a $1 and to sub penny levels) just lacks a basic understanding of how the markets work. In most of these instances the short sellers never took profit (closed the position). Often times they don't have to. I know several bears that have been shorting a particular stock since it was above $50/share ( currently at $12) and plan on riding it down to $0, never having to cover their position. It happens. A lot.
GVSI has a short interest above 60%. Anything above 20% is considered high.
I'm also pretty sure that Daniel Ivandjiiski and the guys at Zerohedge know the difference between short sale volume and short interest. That's probably why they included our beloved gvsi in their article to begin with.
(Daniel Ivandjiiski is a Bulgarian-born, U.S.-based former investment banker and capital-markets trader, and currently financial blogger, who founded the website Zero Hedge in January 2009, and remains its publisher and main editor.)
Even if this stock hasn't been heavily shorted (meaning the experts are wrong), it's still going to do very well. The short interest is just the cherry on top of the sundae.
the info is out there. all one has to do is look for it.
heavily shorted nanocap GVSI soaring as squeeze wave arrives
— zerohedge (@zerohedge) June 11, 2021
Was noted herehttps://t.co/SpB50QzdJ7
It's interesting to listen to the different perspectives being offered on this board with regard to potential price targets, etc. This is the otc. I've seen some crazy runs happen, especially with tickers that have an excessive short interest, as is the case with $gvsi. One that comes to mind is Barrel Energy. The stock ran from .0040 to .85 over the course of 6 weeks. I don't remember the specific catalysts that triggered the squeeze, but watching it run was a sight to behold.
https://finance.yahoo.com/quote/BRLL/history?period1=1609459200&period2=1613520000&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true
Will the same thing happen here? Who knows. But the potential is certainly there.
Be careful saying, "that will never happen", especially with George Sharp plays.
Depends upon numerous factors. I have holdings in 2 of 3 of Sharp's plays. My intention is to hold a portion of each stock long term. I think blockchain and nfts have a massive amount of potential over the next decade and I'm positioning a % of my portfolio accordingly.
On a shorter time frame, I think once everything falls into place, this stock's performance will shock people. As for a $4 pps? Your guess is as good as mine.
Best of luck.